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This Hip Sportswear Store not only nets its owner $180K annually on $390K in sale, but its rent is ridiculously low at $2,250/month for 2,000 square feet with an unused basement with the same footprint. The lease runs for another 9 years. In business for 5 years now, the seller invested $170K in the store's build-out and it shows. The Asking Price of $315K is just 1.75 times the $180K the owner is pocketing. All of his numbers are verifiable. Plenty of room for changing rooms, inventory storage, and office space in the back. Inventory is Not Included in the Asking Price. This space could be re-purposed for another concept. Do be very discreet when visiting the location, as the employees and customers do not know the business is for sale. Kindly then contact listing broker, Jay Goldman, should you have any questions and would like to make an appointment to meet with the owner for a full tour of the facilities. Please call for further information.
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The seller needs to give another one of his businesses more of his attention.
315,000.00 Down & Please make your best all down offer!
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